1048 Merrick Drive, Richmond, KY 40475
Merrick Place · Madison County
Key Facts
Description
Great turnkey income producing opportunity on this duplex. Unit A has 3 bedrooms 1.5 bathroom and Unit B has 3 bedroom and 1.5 baths. All units are currently leased. Being sold as is.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
Duplex
Year Built
1999
Living Area
2,320 sq ft
Lot Size
0.19 acres
MLS® Listing#
26014320
Property Features
Cooling
Heating
Parking
Schools
- Elementary:
- Daniel Boone
- Middle:
- Clark-Moores
- High:
- Madison Central
Financial Details
Parcel Number
0068-008D-0041
Directions
US 421/25 to left on Merrick dr. Property on right
Affordability Calculator
$59,500
Estimated monthly payment
$1,583/mo
Principal $238,000 · Est. interest $332,031 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Richmond, KY
- $355,882
- Median Listing Price
- 35
- Median Days on Market
- 1,928
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 240
- Active Listings
- This home’s price is 16% below the area median.
- Its price per sq ft is 32% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Richmond, KY.
Location
Getting Around
Points of Interest in Richmond, KY
Showing the Richmond area map.
Nearby Schools
Lafontaine Preparatory School
School · 0.6 mi away
Madison County Area Technology Center
Secondary · 0.8 mi away
Madison Central High School
Secondary · 0.9 mi away
Daniel Boone Elementary School
Elementary · 0.9 mi away
Madison County Schools
School · 1.1 mi away
Mayfield Elementary School
Elementary · 1.1 mi away
Madison Middle School
Secondary · 1.2 mi away
First Presbyterian Preschool
School · 1.2 mi away
The Growing Place
School · 1.2 mi away
Richmond Head Start
School · 1.3 mi away
Madison Alternative School
Secondary · 1.3 mi away
Bellevue School
Secondary · 1.3 mi away
St Mark Catholic School
Elementary · 1.4 mi away
Clark Moores Middle School
Secondary · 1.6 mi away
B. Michael Caudill Middle School
Secondary · 1.7 mi away
Glenn R Marshall Elementary School
Elementary · 1.8 mi away
Kit Carson Elementary School
Elementary · 2.0 mi away
Model Laboratory School
School · 2.3 mi away
Richmond Montessori School
Elementary · 2.3 mi away
Angel Academy
School · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1045 Merrick Drive, Richmond, KY | $297,500 | 5 | 6 | 2,676 |
| 904 Seminole Trail, Richmond, KY | $307,990 | 5 | 3 | 2,180 |
| 904 Seminole Trail, Richmond, KY | $307,990 | 5 | 3 | 2,180 |
| 112 Kensington Place, Richmond, KY | $339,900 | 5 | 3 | 2,189 |
| 206 Aqueduct Drive, Richmond, KY | $379,900 | 6 | 6 | 3,239 |
Moving Cost Estimate
EXIT Agents in Richmond
Listing Courtesy: Plum Tree Realty - 5134435060
Last Updated: 2026-06-19